“We’re definitely looking at [a graduate tax]. I think there’s been some work going on at IPPR looking at the options too. We’ve said £6000 [as a cap] before, and we’re looking at all of these issues for the manifesto, and what can be done.”

If so, that’s to be welcomed. As I highlighted at the time, reducing the cap would benefit only the wealthier graduates: you’d have to earn at least £38,400 a year to be any better off compared to the Coalition’s policy. Anyone earning less than £38,400 would have been entirely unaffected by such a move. As a top spending priority for an incoming Labour government it was always an odd idea.